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Sphere raises $2M to help employees lobby for green 401(k) plans

5 years 1 month ago
In the United States, a 401(k) plan is an employer-sponsored defined-contribution pension account. However, with legacy institutional investing, most of these have at least some level of fossil fuel involvement, and, let’s face it, very few of us really know. Now a startup plans to change that. California-based startup Sphere wants to get employees to […]
Mike Butcher

Streamers are boycotting Twitch today to protest the platform’s lack of action on ‘hate raids’

5 years 1 month ago
Over the last month, Twitch users have become increasingly concerned and frustrated with bot-driven hate raids. To protest Twitch’s lack of immediate action to prevent targeted harassment of marginalized creators, some streamers are going dark to observe #ADayOffTwitch today. Per the protest, users are sharing a list of demands for the Amazon-owned Twitch. They want […]
Amanda Silberling

SEC fines brokerage firms over email hacks that exposed client data

5 years 1 month ago
The U.S. Securities and Exchange Commission has fined several brokerage firms a total of $750,000 for exposing the sensitive personally identifiable information of thousands of customers and clients after hackers took over employee email accounts. A total of eight entities belonging to three companies have been sanctioned by the SEC, including Cetera (Advisor Networks, Investment […]
Carly Page

Forum Brands secures $100M in debt financing to acquire more e-commerce brands

5 years 1 month ago
Forum Brands, an e-commerce acquisition platform, announced today that it has secured $100 million in debt funding from TriplePoint Capital. The financing comes just over two months after the startup raised $27 million in an equity funding round led by Norwest Venture Partners. Brenton Howland, Ruben Amar and Alex Kopco founded New York-based Forum Brands […]
Mary Ann Azevedo

Twitter is testing a new anti-abuse feature called ‘Safety Mode’

5 years 1 month ago
Twitter’s newest test could provide some long-awaited relief for anyone facing harassment on the platform. The new product test introduces a feature called “Safety Mode” that puts up a temporary line of defense between an account and the waves of toxic invective that Twitter is notorious for. The mode can be enabled from the settings […]
Taylor Hatmaker

Apollo completes its $5B acquisition of Verizon Media, now known as Yahoo

5 years 1 month ago
Private equity firm Apollo Global Management this morning announced that it has completed its acquisition of Yahoo (formerly known as Verizon Media Group, itself formerly known as Oath) from Verizon. The deal is worth $5 billion, with $4.25 billion in cash, plus preferred interests of $750 million. Verizon will be retaining 10% of the newly […]
Brian Heater

Fire up CrunchMatch today and start networking with TechCrunch Disrupt 2021 attendees

5 years 1 month ago
You read that right, folks. CrunchMatch, our AI-powered platform that simplifies finding and connecting with the people on your must-meet list, is now open for business. TechCrunch Disrupt 2021 takes place on September 21-23, but why wait to get your network mojo working? Granted, networking can sometimes feel like a contact sport, especially at a […]
Alexandra Ames

Insurify, a ‘virtual insurance agent,’ raises $100M Series B

5 years 1 month ago
How many of us have not switched insurance carriers because we don’t want to deal with the hassle of comparison shopping? A lot, I’d bet. Today, Insurify, a startup that wants to help make it easier for people to get better rates on home, auto and life insurance, announced that it has closed $100 million […]
Mary Ann Azevedo

Cox Automotive acquires battery health company Spiers as ‘EVs take center stage’

5 years 1 month ago
Cox Automotive is getting into the electric vehicle battery lifecycle business. The company said Wednesday it acquired Oklahoma City-based Spiers New Technologies (SNT), a business that provides repair, remanufacturing, refurbishing and repurposing services for EV battery packs. The two companies did not disclose the terms of the deal. Cox said the acquisition will help it […]
Aria Alamalhodaei

Humane, a stealthy hardware and software startup co-founded by an ex-Apple designer and engineer, raises $100M

5 years 1 month ago
A stealthy startup co-founded by a former senior designer from Apple and one of its ex-senior software engineers has picked up a significant round of funding to build out its business. Humane, which has ambitions to build a new class of consumer devices and technologies that stem from “a genuine collaboration of design and engineering” […]
Ingrid Lunden

Google appeals ‘disproportionate’ French copyright, talks fine

5 years 1 month ago
Google is appealing the more than half a billion-dollar fine it got slapped with by France’s competition authority in July. The penalty relates to the adtech giant’s approach toward paying news publishers for content reuse. In a statement today, Sebastien Missoffe, a Google France VP and country manager, characterized the fine as “disproportionate” — claiming […]
Natasha Lomas

Facebook enters the fantasy gaming market

5 years 1 month ago
Facebook is getting into fantasy sports and other types of fantasy games. The company this morning announced the launch of Facebook Fantasy Games in the U.S. and Canada on the Facebook app for iOS and Android. Some games are described as “simpler” versions of the traditional fantasy sports games already on the market, while others […]
Sarah Perez
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